% 🔪 Fed forecasts cuts ahead…

The Fed’s pivot from ‘maybe more hikes’ to ‘cuts next year’ had the markets in ecstasy. The Dow and S&P 500 hit all-time records. The yield on the 10-yr US treasury went below 4%. And average 30-year mortgage rates fell to 6.6%. That’s a decrease of nearly 150 bps (1.5%) in just two months. #thehelpfulLO #home #house #listreports #househunting #finances #mortgage #investment #realestate #loanofficer #happyhome #happyhomeowners #housingmarket

Rates 🛝 Downhill…

Exciting news, homebuyers! Mortgage rates have dropped a percent in the last few weeks, reducing the monthly mortgage bill for a typical home by several hundred dollars. The number of homes for sale has also continued to inch higher. Improving affordability AND availability? What a nice change! #thehelpfulLO #home #house #listreports #homeowner #househunting #realestate #mortgage #loanofficer #happyhome #finances #investment #happyhomeowners #newhome